Sustainable Social Economic Empowerment

Percentage 12.0 10.0 8.0 Inflation Rate Overall inflation remained elevated at an average rate of 6.2% for the period January to October 2021 up from 5.2% in a similar period last year. 18.0 16.0 14.0 TREND IN INFLATION RATE Into the year end, inflation rate is forecast to remain high (but within the 7.5% band) driven by high crude oil prices, rising vegetable prices and imported inflation on account of high global commodity prices. 6.3 6.4 6.6 6.9 6.5 5.3 5.6 5.7 5.8 5.9 5.8 5.9 6.0 4.8 4.2 4.0 2.7 2.3 2.6 2.9 2.4 2.2 2.3 2.4 2.4 2.6 2.6 2.7 2.2 1.7 2.0 0.0 Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 Food Inflation NFNF Fuel Inflation Overall Inflation BANK GBT

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